Smartstop Self Storage REIT Inc (NYSE:SMA) Receives Average Rating of “Moderate Buy” from Analysts

Smartstop Self Storage REIT Inc (NYSE:SMA) has been assigned an average recommendation of “Moderate Buy” from the twelve brokerages that are currently covering the stock, Marketbeat reports. Three investment analysts have rated the stock with a sell recommendation, one has given a hold recommendation, six have assigned a buy recommendation and two have assigned a strong buy recommendation to the company. The average 12 month price target among brokerages that have updated their coverage on the stock in the last year is $37.55.

A number of brokerages have weighed in on SMA. Wall Street Zen upgraded Smartstop Self Storage REIT from a “sell” rating to a “hold” rating in a report on Saturday, March 7th. Zacks Research downgraded Smartstop Self Storage REIT from a “hold” rating to a “strong sell” rating in a report on Friday, January 30th. Truist Financial decreased their price target on Smartstop Self Storage REIT from $39.00 to $38.00 and set a “buy” rating for the company in a report on Tuesday, January 20th. JPMorgan Chase & Co. reduced their target price on Smartstop Self Storage REIT from $35.00 to $32.00 and set an “underweight” rating for the company in a research note on Monday, March 23rd. Finally, Stifel Nicolaus reduced their target price on Smartstop Self Storage REIT from $39.50 to $38.50 and set a “buy” rating for the company in a research note on Thursday, February 26th.

Smartstop Self Storage REIT Trading Up 0.4%

Smartstop Self Storage REIT stock traded up $0.12 during trading hours on Thursday, reaching $31.57. 35,818 shares of the company’s stock were exchanged, compared to its average volume of 922,515. The company has a quick ratio of 5.87, a current ratio of 5.87 and a debt-to-equity ratio of 0.86. The firm’s 50 day simple moving average is $15,947.00 and its 200 day simple moving average is $15,348.21. Smartstop Self Storage REIT has a twelve month low of $29.42 and a twelve month high of $39.77. The firm has a market capitalization of $1.75 billion and a PE ratio of -85.32.

Smartstop Self Storage REIT (NYSE:SMA) last issued its quarterly earnings results on Wednesday, February 25th. The healthcare company reported $0.05 earnings per share for the quarter, missing analysts’ consensus estimates of $0.54 by ($0.49). Smartstop Self Storage REIT had a negative return on equity of 0.16% and a negative net margin of 0.59%.The business had revenue of $78.45 million for the quarter. Smartstop Self Storage REIT’s quarterly revenue was up 29.5% compared to the same quarter last year. Smartstop Self Storage REIT has set its FY 2026 guidance at 1.930-2.050 EPS.

Institutional Trading of Smartstop Self Storage REIT

Several large investors have recently made changes to their positions in SMA. JPMorgan Chase & Co. acquired a new stake in shares of Smartstop Self Storage REIT in the 2nd quarter valued at about $3,155,000. Rhumbline Advisers acquired a new stake in shares of Smartstop Self Storage REIT in the 2nd quarter valued at about $1,612,000. New York State Common Retirement Fund acquired a new stake in shares of Smartstop Self Storage REIT in the 2nd quarter valued at about $326,000. Quantbot Technologies LP acquired a new stake in shares of Smartstop Self Storage REIT in the 2nd quarter valued at about $377,000. Finally, Invesco Ltd. acquired a new stake in shares of Smartstop Self Storage REIT in the 2nd quarter valued at about $602,000.

About Smartstop Self Storage REIT

Symmetry Medical Inc (Symmetry) is a medical device solutions company, including surgical instruments, orthopedic implants, and sterilization cases and trays. The Company designs, develops and offers worldwide production and supply chain capabilities for these products to customers in the orthopedic industry, and other medical device markets (including but not limited to arthroscopy, dental, laparoscopy, osteobiologic, and endoscopy segments). It also manufactures specialized non-healthcare products, primarily in the aerospace industry.